Posted by ksay7yym > 2016-01-26 19:55 | Report Abuse

SCH banks on highway job to soften impact of slowing property mart By Yimie Yong / theedgemarkets.com | January 26, 2016 : 1:00 PM MYT Printer-friendly versionSend by emailPDF version Translated by Google Translator: Select Language​▼ KUALA LUMPUR (Jan 26): Quarry equipment distributor SCH Group Bhd ( Valuation: N/A, Fundamental: N/A)'s revenue may decline 20% in current financial year ending Aug 31, 2016 (FY16), due to the property market slowdown, managing director cum deputy chairman Lau Mong Ling said. Lau said the property market slowdown already had an impact on SCH's business. He, however, said SCH was hopeful that the Pan Borneo Highway project would support SCH's business. "Revenue may slowdown some 20% (this financial year), but hopefully Pan Borneo Highway project can help to improve the situation," he told reporters, after SCH's annual general meeting here today. Despite the property market slowdown, Lau said the construction sector was still be robust, with the announcement of government projects like the mass rapid transit, light rail transit and Pan Borneo Highway contracts. SCH's financials have weakened. FY15 net profit fell to RM6.46 million, from RM7.19 million a year earlier. Revenue declined to RM59.65 million from RM65.42 million. At 12:30pm, SCH was traded unchanged at 20.5 sen, for a market capitalisation of RM84.5 million. The stock saw 220,000 shares done. ------------------- （吉隆坡26日讯）产业市场放缓，采石设备经销商新志兴集团（SCH Group Bhd ( Valuation: N/A, Fundamental: N/A)）截至8月31日止2016财政年营业额可能下跌20%。 董事经理兼副主席刘文林指出，产业市场放缓已经对集团业务造成影响。不过，他表示，希望 Pan Borneo Highway项目可支撑集团业务。 他今日出席股东常年大会后向记者说：“（本财年）营业额可能下跌约20%，但希望 Pan Borneo Highway项目有助于改善这状况。” 尽管产业市场放缓，刘文林说，随着政府宣布捷运、轻快铁和 Pan Borneo Highway等项目，建筑领域仍是稳健。 新志兴的财务状况已经削弱。2015财年净利跌至646万令吉，相较于一年前的719万令吉。 营业额从6542万令吉，跌至5965万令吉。 休市时，该股平盘于20.5仙，共22万股易手。市值为8450万令吉。 http://www.theedgemarkets.com/my/article/%E6%96%B0%E5%BF%97%E5%85%B4%E5%8F%91%E5%87%BA%E8%90%A5%E6%94%B6%E9%A2%84%E8%AD%A6?type=%E6%96%B0%E9%97%BB